SPC Global eyes growth with strong Q3 update

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SPC Global eyes growth with strong Q3 update
SPC Global eyes growth with strong Q3 update
Heidi Cuthbert
Written by Heidi Cuthbert
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SPC Global (ASX:SPG) has released a market update for the third quarter of FY26, confirming that the group is on track to meet its full-year guidance.

The Australian food and beverage giant reported a significant improvement in both net sales revenue and normalised EBITDA, with the latter projected to reach a 25% increase over the previous financial year.

The growth is underpinned by a disciplined operational strategy and a successful expansion of the company’s international footprint.

Domestically, the company's performance was bolstered by the beverage sector and the introduction of new "on-the-go" pack formats.

A standout performer in the domestic portfolio was Juice Lab Wellness Shots, which saw retail sales value surge by nearly 40%, securing an 11% increase in market share.

EBITDA saw material gains driven by promotional activity and a strategic entry into the South Korean market with the launch of Original Juice Co. 1.5L products.

Internal efficiencies have also played a crucial role in these results. SPC Global achieved double-digit improvements in its supply chain, including a 10.5% reduction in COGS and an 11.6% improvement in distribution costs.

The group is progressing with the closure of its Mill Park facility, transitioning beverage production to Shepparton and Griffith. The consolidation is expected to deliver over $8 million in annualised savings.

At the time of reporting, SPC Global’s share price was $0.32.

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